A Record-Breaking Donation
Last week the Chicago Tribune reported that John W. “Jay” Jordan, a University of Notre Dame alumnus and the founder of a private investment firm donated $75 million to his former school – the largest single donation in the university’s history.
The details of the Gift
The gift will be directed towards a variety of programs at the school, including a new science and technology research program and recruiing faculty and students.
In a Press Release, Jordan is quoted as saying “Although I am not very knowledgeable in the technology sector, I know how important it is for our country to maintain leadership in state-of-the-art technology. It is not only critical for socioeconomic reasons but national security as well.”
The gift is not Jordan’s first – several buildings at the school are named after him in honour of the gifts he has made which now amounts to a total of $150 million.
The image from Prospect Visual shows some of the relationships that he has with constituents at the school – and can provide a clue behind his reasons for making such generous donations towards his alma mater.